Reuters – The devastating human and economic toll from Japan’s earthquake and tsunami has jolted world markets, but top U.S. hedge fund and money managers see a bittersweet buying opportunity in companies ranging from American auto companies to small- and mid-cap Japanese stocks.
Japanese stocks on Monday posted their biggest daily decline since October 2008 as traders considered economic losses in the world’s third largest economy. The Nikkei index closed off 6.2 percent and the broader TOPIX index slumped 7.5 percent.
